OPEN HOUSE CANCELLED. Buyers accepted an offer. Indulge in waterfront luxury and comfort at this stunning two-story contemporary residence in the desirable golf community of Prospect Bay. Perched on the lagoon's edge, enjoy captivating sunsets and water views from every angle. With an open floor plan, vaulted ceilings, tons of natural light, and hardwood floors, this home epitomizes comfort and elegance. Featuring four bedrooms; three bedrooms and two baths on the main level, plus a fourth bedroom and half bath upstairs, it offers ample space for relaxation. The spacious Ipe deck is low maintenance and provides the perfect place to enjoy the water views and nature. The installed solar panels that significantly reduce the electric bill are fully paid off. Prospect Bay offers resort-style amenities year-round, including an 18-hole PGA golf course, tennis, pickleball, pool, restaurant, playground, private beach, and marina. Conveniently located a short drive from the Chesapeake Bay Bridge, Annapolis, Easton, and the beach, this extraordinary waterfront property presents a rare opportunity to live in Prospect Bay and enjoy the best of Eastern Shore living. Welcome home!
Sold for $983,000
$983,000
49 Prospect Bay Dr W, Grasonville, MD 21638
4beds
2,856sqft
Single Family Residence
Built in 1987
1.06 Acres Lot
$1,149,500 Zestimate®
$344/sqft
$3,837 Estimated rent
Home value
$1,149,500
$1.07M - $1.24M
$3,837/mo
Zestimate® history
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List your homeWhat's special
Waterfront luxuryPrivate beachOpen floor planTons of natural lightVaulted ceilingsHardwood floorsWater views
Zillow last checked:
Listing updated:
Listed by:
Biana Arentz 410-490-0332,
Coldwell Banker Realty
Bought with:
Joseph Holland, 579817
Maryland Residential Realty
Source: Bright MLS,MLS#: MDQA2008844
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 3
Rooms
- Room types: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Den, Breakfast Room, Other
Basement
- Area: 0
Heating
- Heat Pump, Electric
Cooling
- Ceiling Fan(s), Central Air, Heat Pump, Programmable Thermostat, Zoned, Electric
Appliances
- Included: Microwave, Dishwasher, Dryer, Exhaust Fan, Self Cleaning Oven, Oven/Range - Electric, Refrigerator, Stainless Steel Appliance(s), Washer, Water Heater, Electric Water Heater
Features
- Kitchen - Table Space, Dining Area, Open Floorplan, Attic, Breakfast Area, Ceiling Fan(s), Combination Kitchen/Living, Entry Level Bedroom, Family Room Off Kitchen, Primary Bedroom - Bay Front, Recessed Lighting, Walk-In Closet(s)
- Flooring: Ceramic Tile, Carpet, Hardwood, Tile/Brick, Wood
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 2,856
- Total interior livable area: 2,856 sqft
- Finished area above ground: 2,856
- Finished area below ground: 0
Property
Parking
- Total spaces: 6
- Parking features: Inside Entrance, Garage Faces Front, Garage Door Opener, Driveway, Off Street, Attached
- Attached garage spaces: 2
- Uncovered spaces: 4
- Details: Garage Sqft: 585
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Exterior features: Bump-outs, Lighting
- Pool features: Community
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Canoe/Kayak, Fishing Allowed, Lagoon
- Body of water: Prospect Bay- Lagoon
- Frontage length: Water Frontage Ft: 180
Lot
- Size: 1.06 Acres
- Features: Adjoins - Public Land, Backs - Open Common Area, Front Yard, Rear Yard, Stream/Creek, Other
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 1805028396
- Zoning: NC-1
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subtype: Single Family Residence
Materials
- Frame
- Foundation: Crawl Space, Slab
Condition
- Very Good
- New construction: No
- Year built: 1987
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable, Broadband
Community & HOA
Community
- Features: Pool
- Subdivision: Prospect Bay
HOA
- Has HOA: Yes
- Amenities included: Boat Dock/Slip, Golf Club, Pier/Dock, Pool, Putting Green, Tennis Court(s), Tot Lots/Playground, Water/Lake Privileges, Golf Course, Bar/Lounge, Basketball Court, Boat Ramp, Clubhouse, Common Grounds, Dining Rooms, Lake, Marina/Marina Club, Picnic Area
- Services included: Pier/Dock Maintenance, Pool(s), Common Area Maintenance, Reserve Funds
- HOA fee: $518 monthly
- HOA name: PROSPECT BAY
Location
- Region: Grasonville
Financial & listing details
- Price per square foot: $344/sqft
- Tax assessed value: $677,733
- Annual tax amount: $6,384
- Date on market: 2/27/2024
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 4/16/2024 | Sold | $983,000-0.6%$344/sqft |
Source:  Bright MLS #MDQA2008844 Report a problem | ||
| 4/4/2024 | Pending sale | $989,000$346/sqft |
Source: Bright MLS #MDQA2008844 Report a problem | ||
| 3/17/2024 | Contingent | $989,000$346/sqft |
Source: Bright MLS #MDQA2008844 Report a problem | ||
| 2/27/2024 | Listed for sale | $989,000+28.4%$346/sqft |
Source: Bright MLS #MDQA2008844 Report a problem | ||
| 6/9/2005 | Sold | $770,000+58.8%$270/sqft |
Source: Public Record Report a problem | ||
| 4/19/2002 | Sold | $485,000+73.2%$170/sqft |
Source: Public Record Report a problem | ||
| 5/13/1999 | Sold | $280,000$98/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,353 +9.8% | $780,533 +9.8% |
| 2024 | $6,696 +4.9% | $710,800 +4.9% |
| 2023 | $6,384 +5.1% | $677,733 -4.7% |
| 2022 | $6,073 +3.5% | $710,800 +16.2% |
| 2021 | $5,866 +2.7% | $611,600 +2.7% |
| 2020 | $5,712 +2.8% | $595,600 -2.6% |
| 2019 | $5,559 +2.8% | $611,600 +8.5% |
| 2018 | $5,405 -1.1% | $563,600 |
| 2017 | $5,465 -16.3% | $563,600 |
| 2016 | $6,531 | $563,600 -3.8% |
| 2015 | $6,531 | $585,600 |
| 2014 | $6,531 | $585,600 |
| 2013 | -- | $585,600 -14% |
| 2012 | -- | $681,000 |
| 2011 | -- | $681,000 |
| 2010 | -- | $681,000 -15.4% |
| 2009 | -- | $805,340 +14.2% |
| 2008 | -- | $705,476 +16.5% |
| 2007 | -- | $605,613 +19.7% |
| 2006 | -- | $505,750 +7.8% |
| 2005 | -- | $469,266 +8.4% |
| 2004 | -- | $432,783 +9.2% |
| 2003 | -- | $396,300 +11% |
| 2002 | -- | $356,896 +12.4% |
| 2001 | -- | $317,493 |
Find assessor info on the county website
Neighborhood: 21638
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Nearby schools
GreatSchools rating
- 6/10Grasonville Elementary SchoolGrades: PK-5Distance: 3.2 mi
- 6/10Stevensville Middle SchoolGrades: 6-8Distance: 7.1 mi
- 6/10Kent Island High SchoolGrades: 9-12Distance: 7.8 mi
Schools provided by the listing agent
- Elementary: Grasonville
- Middle: Stevensville
- High: Kent Island
- District: Queen Anne's County Public Schools
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$1,149,500
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Estimated market value
$1,149,500
- Maryland
- Queen Annes County
- Grasonville
- 21638
- 49 Prospect Bay Dr W
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